A well known and co-ordinated system of transport plays an important role in the sustained economic growth of a country. The present transport system of India comprises several modes of transport including rail, road, coastal shipping, air transport, etc. Transportation in India has recorded a substantial growth over the years both in spread of network and in output of the system. But Indian transportation sector is not without problems and the problems in the sector are not unique to India. India's Eleventh Five Year Plan identified various deficits in transport sector. One of the major problem the transport sector faces is the insufficient funds to finance its major projects aiming at building world class infrastructure. This article attempts to bring out the significance of FDI in financing India's major transport projects. Moreover, this paper makes it apparent that inflow and outflow of FDI to other sectors of the economy depends on the efficiency and reliability of the transportation sector among the other factors. The major challenges in the transportation sector and the initiatives taken by the government to build state-of-the-art infrastructure are also discussed.
role of science in development of india
corruption Social leaders have played a big role in fighting for human rights in the development of India
specific roles of industry
If company advertises their product then, it affects economically to company as it is expensive. It incurs so many expenses. Thought advertisement is expensive, but it gives long term benefit to the company.
Carry the travellers from around the globe to India's metropolitan cities. The international tourists to India get into India through the flights of Air India.
economic development and employment.
role of science in development of india
Role of entrepreneurship development in economic of Bangladesh?
role of world bank in economic development of pakistan
role of capital and money markets in the economic development of Pakistan
Geography played a complex role in India's development. The Himalayas provided natural protection from invasions, while fertile plains and river systems supported agriculture and settlement. However, the vast and varied terrain also posed challenges for transportation and communication, which could hinder unification and economic integration. Overall, geography both facilitated and complicated India's historical and cultural evolution.
what is banking role in afghanistan economic development
corruption Social leaders have played a big role in fighting for human rights in the development of India
to distributive income
Central banks play a huge role in economic development. They manage a state's money supply, currency, and interest rates.
Julia Cleves Mosse has written: 'India' 'Half the world half a chance' -- subject(s): Economic development projects, Sex role, Women in development
very important